Core Scientific sells BTC for AI expansion

Core Scientific sold ~1,900 BTC for $175M at ~$92,100 avg, reducing holdings to ~630 BTC to fund AI data center growth.

avatar

Crypto miners turn to AI and HPC to offset the decline $BTC has been plummeting for several weeks now and other cryptos are following the same slippery slope toward the abyss. Together, they take investors, both small and big, often helpless in the face of violent shocks. Even the industry giants sneeze in this difficult context. Miners, these blacksmiths who keep the blockchain running day and night, take particularly painful hits. Extracting bitcoins hardly yields anything today. Worse, this activity now costs more than it brings in.

avatar

📰 Core Scientific and Mara Holdings plan to sell large amounts of their Bitcoin to pivot toward AI and high-performance data centers. Mara holds 53,822 BTC and has recorded $1.7 billion in losses. #Bitcoin

avatar

🚨BREAKING🚨 $MARA not planning to sell its Bitcoin People are confusing a policy update with a liquidation plan. MARA’s Mar 2 10-K says they may buy/sell Bitcoin depending on markets. Facts: • They hold 53,822 BTC • $32.1M earned in 2025 interest • 28% already deployed (loans + collateral) • Q4 losses were mostly non-cash impairments The update only gives them flexibility. If MARA planned a majority sell-off, the filing would say it...

avatar

Public Bitcoin miners just sold 9,788 BTC. And they’re NOT DONE. They still hold at least 83,029 BTC based on last disclosed filings. The real number is likely much higher. That creates a potential BTC supply overhang this year. But as public miners convert sites to AI/HPC, it means: - Fewer new machines - More modest hashrate expansion Pressure on price in the short term, but bullish long term 🚀

avatar

Core Scientific selling. MARA opening the door to reserve sales. Bitdeer pivoting to AI. Is this miner capitulation… or strategic evolution? Remember: Miners are businesses. Bitcoin is a protocol. Don’t confuse the two. #Bitcoin

avatar

MARA pushes back on the Bitcoin treasury sell-off narrative, clarifying a filing that allows flexible BTC sales does not signal a majority liquidation of its holdings.

avatar

📰 MARA Holdings denies allegations of massive sales of its Bitcoin reserves following speculation about a strategic shift. The miner holds 53,822 BTC valued at $3.7 billion. #Bitcoin

avatar

All the headlines today were about @MARA expanding their strategy to allow $BTC sales. Meanwhile, $MSTR just stacked 1,000 $BTC through $STRC.